Dyspeptic retired Marine wife/tech wench attempts to enlighten the great unwashed of the blogosphere while dodging snarky commentary from the local knavery.

January 22, 2008

And They Say *Women* Are Irrational...

“It is like a funeral in here,” Ken Masuda, senior equities dealer at Shinko Securities in Tokyo, said. “No one knows what is going to happen tonight in New York. It is like we’ve gone blind, you don’t know what’s coming.

“Until we see New York, all we can do is sell.”

Looks like it's time to hide the chocolate and break out the Midol drip.

Posted by Cassandra at January 22, 2008 07:35 AM

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Comments

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful andWe believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.' Warren Buffett

Might be a little helpful when trying to keep today in perspective. =8^)

Ha ha! You greedy neocons are finally reaping the whirlwind of your president's failed policies! There's no way that this economic CRISIS would have ever happened with a Democrat in the Oval Office, because, unlike you fat cat capitalists, the Democrats CARE about the little man. A Democratic president would never have allowed the Fed to lower interest rates so far that just about anybody could go out and buy a home six sizes bigger than they needed. But Bush and his banker friends didn't care whether they were crushing a working family with high-priced debt, just so long as they all got their golden parachutes when the chickens camehome to roost. Well here come them chickens, and just in time to leave a complete mess for the next DEMOCRATIC president to clean up. One thing's for certain, if Hillary Clinton wins the White House the headlines won't read "DOW DROPS 800 POINTS - TENS OF THOUSANDS LOSE JOBS AND HOMES - RECESSION IMMINENT" but rather "DOW DROPS 800 POINTS - CLINTON ORDERS AIR STRIKE ON MORROCAN BABY FORMULA FACTORY." Read it and weep, neocons. Read it and weep.

Let me add some words to that: Federal Savings Bank. They have mortgages, are a wholly owned subsidiary of the insurance side of the house
and have been downright good to us. They will
take out BofA and most USAA employees have worked
for BofA and hate them with a passion.

Not only that, they have financial planners for as little as 1800.00 and you have access to them
for life for such a low fee.

They offer excellent stock advice and Laughing Stock Broker From Hell is really cursing himself
inside because he knows deep down inside that
while no one can sue his ass, no one is going to trust him either, and a good financial planner will settle his hash.

Hmmm, so let me see if I can skim across the high points for ya there LSB.

The Federal Reserve doesn't seem to obey the POTUS, nor should they since their whole purpose in life is to be outside of the whims and wishes of the voters and, for the most part, political pressure. See The Federal Reserve System, A Brief History... But I might be misleading you, I'm an Illuminated Bilderberger.

The POTUS does not have the power to impose a budget on the nation. Only the power of the bully pulpit to use as a means to influence the public who may or may not exert influence on the Congress. And the POTUS only has the power to yeah or nae a budget crafted by our Congress.

Remember the administration of our 39th POTUS and the economy during his time in office?

Who, now really, who thinks that they can purchase a home and only pay a fraction of the interest on the principle for an extended period of time all the while hoping that the economy does not cycle up of down which will affect their variable rate? Come on...

Do slimy mortgage lenders share blame? Sure, but ultimately, its the responsibility of the person assuming the responsibility of the debt to understand the contract.

Finally, if you do not understand the T's and C's of any financial contract you sign, especially one as large as a home mortgage, you really should consider hiring a closing attorney who can give you a overview of the contract, along with some advice. And avail yourself of an independent professional, banker, financial planner, or your rich uncle. It'll be cheaper than making a grand screw-the-pooch financial mistake. And do not forget to call the cops to have them arrest that person holding the gun to your head, forcing you to sign a sub-prime mortgage.

What we have hee-yah, is fail'yah to c'municate. We also have a thread where we've learned that Dave Ramsey has a church b*tch with a throbbing, um, kitten and Princess Leia's bikini is rapidly disappearing because she got bofa'd in a wet t-shirt while yanking someone's, um, chain.

That's why I love this site so much. It's educational. Although, there is something missing........! There isn't a single instance of potato salad, mazola oil and visqeen. Where is JHD when you need him?

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